Cost of living comparison

Panama

compared to

Isle of Man

Douglas vs. Panama City Cost of Living Summary

Douglas is 44.1% more expensive than Panama City.

Restaurants: pay 81.3% more in Douglas
Groceries: pay 2.6% less in Douglas
Transportation: pay 2.1 times more in Douglas
Housing: pay 26.4% more in Douglas
Childcare: pay 4.2 times more in Douglas
Entertainment and Sports: pay 72.9% more in Douglas

The cost of childcare, transportation, restaurants, entertainment and sports, and housing in Douglas are more expensive than in Panama City. Expenses including groceries and clothing are lower in Douglas. Notably, childcare, transportation, and restaurants are significantly more expensive in Douglas.

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Douglas vs. Panama City Cost Breakdown

If you lived in Douglas instead of Panama City, you would:

Display currency: USD

pay 81.3% more for restaurants

	Panama City	Douglas
Basic meal with drink at inexpensive restaurant	$11.50 PAB11.50	$27.75 £20.82	+141.3%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$11.89 £8.92	+48.7%
Bottle of Coca-Cola (11 fl. oz)	$1.97 PAB1.97	$2.71 £2.03	+37.2%
Bottle of water (11 fl. oz)	$1.60 PAB1.60	$2.12 £1.59	+32.7%
Average			+81.3%

Panama City vs. Douglas - Cost of restaurants

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pay 2.6% less for groceries

	Panama City	Douglas
Bread 1 loaf	$2.52 PAB2.52	$2.63 £1.98	+4.7%
Local cheese (8 oz)	$6.18 PAB6.18	$4.01 £3.01	-35.2%
Milk (1 gallon)	$7.09 PAB7.09	$9.41 £7.06	+32.8%
Eggs 1 dozen	$2.75 PAB2.75	$5.30 £3.97	+92.8%
Boneless chicken breast (1 lb)	$3.07 PAB3.07	$3.87 £2.91	+26.3%
Apples (1 lb)	$1.87 PAB1.87	$1.36 £1.02	-27.4%
Bananas (1 lb)	$0.82 PAB0.82	$0.82 £0.61	-0.9%
Oranges (1 lb)	$1.92 PAB1.92	$1.74 £1.30	-9.4%
Tomatoes (1 lb)	$1.86 PAB1.86	$1.61 £1.21	-13.2%
Potatoes (1 lb)	$1.55 PAB1.55	$1.35 £1.01	-12.8%
Onions (1 lb)	$1.96 PAB1.96	$1.35 £1.01	-31.2%
Average			-2.6%

Panama City vs. Douglas - Cost of groceries

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pay 2.1 times more for transportation

	Panama City	Douglas
Gasoline (1 gallon)	$4.62 PAB4.62	$7.35 £5.52	+59.2%
Monthly public transit pass	$21.00 PAB21.00	$96.91 £72.71	+361.5%
New Volkswagen Golf 1.4 (standard edition)	$21,262.00 PAB21,262.00	$43,752.78 £32,827.71	+105.8%
Taxi trip in downtown area (5 miles)	$16.98 PAB16.98	$16.65 £12.49	-1.9%
Average			+113.7%

Panama City vs. Douglas - Cost of transportation

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pay 26.4% more for housing

	Panama City	Douglas
Internet connection 50 mbps or faster, cable/dsl	$48.70 PAB48.70	$72.49 £54.39	+48.8%
1-Bedroom apartment in downtown area	$1,262.50 PAB1,262.50	$1,233.89 £925.79	-2.3%
1-Bedroom apartment outside city center	$874.18 PAB874.18	$1,068.05 £801.36	+22.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$100.29 PAB100.29	$261.61 £196.29	+160.9%
Average			+26.4%

Panama City vs. Douglas - Cost of housing

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pay 4.2 times more for childcare

	Panama City	Douglas
Private preschool for 1 child, monthly	$543.33 PAB543.33	$1,739.89 £1,305.44	+220.2%
Middle school for 1 child, two semesters	$9,641.50 PAB9,641.50	$52,196.76 £39,163.23	+441.4%
Average			+316.4%

Panama City vs. Douglas - Cost of childcare

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pay 72.9% more for entertainment and sports

	Panama City	Douglas
Domestic/local beer (1 pint)	$3.30 PAB3.30	$6.54 £4.91	+98.2%
Cappuccino in mid-range area	$4.11 PAB4.11	$5.01 £3.76	+22.0%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	$22.46 £16.86	+274.4%
Monthly membership at local gym	$46.40 PAB46.40	$64.75 £48.58	+39.5%
Movie ticket to theater/cinema	$8.50 PAB8.50	$15.86 £11.90	+86.6%
Average			+72.9%

Panama City vs. Douglas - Cost of entertainment and sports

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pay about the same for clothing

	Panama City	Douglas
Regular jeans Levi's brand	$66.67 PAB66.67	$99.11 £74.36	+48.7%
Regular dress from H&M or similar store	$48.43 PAB48.43	$44.60 £33.46	-7.9%
Running shoes Nike or Adidas	$94.62 PAB94.62	$111.22 £83.45	+17.5%
Men's business shoes (leather)	$111.67 PAB111.67	$69.38 £52.05	-37.9%

Panama City vs. Douglas - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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